These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Iraqi Dinar Newshound Guru SkyWalker :
The currency exchange for the Iraqi dinar took place from October 15, 2003, to January 15, 2004, which is important for current speculators holding this currency. This suggests that the upcoming currency exchange under the Delete the Zeros Program might occur at the end of the fiscal year or at the start of a new fiscal year. Timing the release of the new lower denomination currency before the next fiscal year would help align with the Iraqi government’s budget plans and the annual business budgets within the economy. It would also give merchants enough time to adjust their prices accordingly. Considering these factors, it’s likely that we will see significant actions from the Central Bank of Iraq starting this fall, as they prepare for these changes to support a smoother transition in the Iraqi economy.
According to Intel Guru Frank26 :
A government must be established. The next thing we should aim for, in my opinion, is to establish that government. Then, perhaps, the CBI will speak. That is the order in which we are searching.
According to Iraqi Dinar Intel Guru Reset Intelligence :
This week, the leaders of the world’s 20 largest economies acknowledged that a currency priced below its true value is not just a natural occurrence; it results from certain choices that negatively impact everyone involved. They assigned the International Monetary Fund (IMF) and the Organization for Economic Cooperation and Development (OECD) to monitor these situations. For instance, when U.S. Treasury officials pointed out that the Japanese yen was undervalued, they suggested a remedy that would strengthen the currency, not weaken it. Additionally, the Iraqi dinar has been priced low for many years due to political instability and a shadow economy, but steps are being taken to address this. Now, the G20 has formally recognized that the gap between a currency’s true value and its market price is a significant issue. The critical question is how the world’s economies will respond once they address the situation of deliberately undervalued currencies.
According to Newshound Guru Clare :
The article: “US State Department: Iraq has begun a new path under al-Zaidi’s leadership, and we aspire to a strong partnership” ” “The US State Department stated on Tuesday that Iraq has began a new route under the leadership of Prime Minister Ali al-Zaidi, in full collaboration with the United States.”
According to Iraqi Dinar Newshound Guru Stephen :
Every day, I engage in conversations with people in the dinar community, and we all seem to share the belief that Iraq will revalue its currency. However, we have different opinions on what that revaluation will look like. Some believe it will return to the old rate of $3.22, while others think it will be a 1-to-1 match with the US dollar. A few suggest a lower revaluation, maybe around 50 cents. Despite our differing views, I value these discussions and the knowledge that everyone brings to the table. I base my own conclusions on the research I’ve done and the insights I’ve gained from these smart individuals. It’s important for me to listen, gather information, and then come to my own decision about what might happen with the Iraqi dinar.
According to Newshound Guru Jeff :
The question: “What’s the difference between a REER and a reinstatement?” Jeff: The real effective exchange rate is known as the REER. That is the exchange rate’s value. They reestablish it by extracting it from its depreciated state and reactivating it.
According to Iraqi Dinar Intel/Newshound Guru MarkZ :
Comment: Aki, the owner of an Iraqi bank, claims that “everything is set in motion” according to Walkingstick. MarkZ: I really think that one is true.
According to Newshound Guru tishwash :
Article: : “Al-Zaydi, in a meeting with the framework: The file of vacant ministries will be completed this week.” : “discussions related to completing the government formation will be completed during this week, in preparation for sending it to the House of Representatives next week for a vote.”
According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :
The news has been overwhelmingly positive. Recent updates have focused on the removal of zeros and the methods planned for this process. The Finance Committee has explicitly stated that there will be NO revaluation involved. This is distinct from the Real Effective Exchange Rate (REER), which will be addressed later when they transition back to FOREX (reinstatement to trading platforms), allowing the dinar to float and be pegged to an IMF basket of currencies. It is crucial for everyone to understand this distinction. The return to FOREX is a multi-step process… The key aspect at this moment is the timing of the zero removal event. We now have numerous confirmations that they are proceeding with it. The Project to Remove the Zeros is imminent and will be finalized soon.
